Adidas AG Current Ratio


Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Adidas AG 
Current Ratio 
Current Asset 
Current Liabilities 
1.40 times

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare Adidas AG to competition

Adidas AG Current Ratio Assessment

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In accordance with recently published financial statements Adidas AG has Current Ratio of 1.4 times. This is 46.36% lower than that of the Consumer Goods sector, and 56.92% lower than that of Textile - Apparel Footwear and Accessories industry, The Current Ratio for all stocks is 56.66% higher than the company.

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Adidas AG Current Ratio Comparison
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Adidas AG is rated below average in current ratio category among related companies.
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Fundamentals Comparison

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Return On Equity13.40 %
Return On Asset5.76 %
Profit Margin4.34 %
Operating Margin7.02 %
Current Valuation27.19 B
Shares Outstanding200.2 M
Price to Earning36.02 times
Price to Book4.68 times
Price to Sales1.51 times
Revenue17.6 B
Gross Profit8.17 B
Net Income795 M
Cash and Equivalents1.51 B
Cash per Share7.56 times
Total Debt2.15 B
Debt to Equity0.38 times
Current Ratio1.40 times
Book Value Per Share28.37 times
Cash Flow from Operations1.08 B
One Year High136.85
One Year Low62.51
Earnings Per Share3.79 times
Number of Employees56.09 K
Market Capitalization27.35 B
Total Asset13.42 B
Retained Earnings5.22 B
Working Capital2.2 B
Current Asset7.67 B
Current Liabilities5.46 B
Z Score8.2